Recap: Ebix Q1 Earnings

Ebix EBIX reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Ebix beat estimated earnings by 48.48%, reporting an EPS of $0.49 versus an estimate of $0.33.

Revenue was down $43.52 million from the same period last year.

Last quarter the company missed on EPS by $0.18 which was followed by a 2.29% increase in the share price the next day.

Here's a look at Ebix's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.54	0.59	0.56	0.55
EPS Actual	0.36	0.70	0.75	0.76
Revenue Estimate	251.04M	206.97M	273.09M	278.72M
Revenue Actual	255.21M	257.90M	250.78M	286.25M

To track all earnings releases for Ebix visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.